OAKIX vs. INDEX
Compare and contrast key facts about Oakmark International Fund (OAKIX) and Index Funds S&P 500 Equal Weight (INDEX).
OAKIX is managed by Oakmark. It was launched on Sep 29, 1992. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKIX or INDEX.
Correlation
The correlation between OAKIX and INDEX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OAKIX vs. INDEX - Performance Comparison
Key characteristics
OAKIX:
0.17
INDEX:
2.11
OAKIX:
0.33
INDEX:
2.81
OAKIX:
1.04
INDEX:
1.39
OAKIX:
0.16
INDEX:
3.24
OAKIX:
0.43
INDEX:
13.00
OAKIX:
5.49%
INDEX:
2.09%
OAKIX:
14.38%
INDEX:
12.87%
OAKIX:
-67.72%
INDEX:
-38.82%
OAKIX:
-12.40%
INDEX:
-2.03%
Returns By Period
In the year-to-date period, OAKIX achieves a 0.96% return, which is significantly lower than INDEX's 1.97% return.
OAKIX
0.96%
1.77%
-2.86%
1.61%
2.12%
2.76%
INDEX
1.97%
2.25%
8.81%
24.51%
11.30%
N/A
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OAKIX vs. INDEX - Expense Ratio Comparison
OAKIX has a 1.04% expense ratio, which is higher than INDEX's 0.25% expense ratio.
Risk-Adjusted Performance
OAKIX vs. INDEX — Risk-Adjusted Performance Rank
OAKIX
INDEX
OAKIX vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Fund (OAKIX) and Index Funds S&P 500 Equal Weight (INDEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
OAKIX vs. INDEX - Dividend Comparison
OAKIX's dividend yield for the trailing twelve months is around 2.44%, more than INDEX's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKIX Oakmark International Fund | 2.44% | 2.46% | 1.84% | 2.97% | 1.23% | 0.33% | 1.81% | 2.14% | 1.35% | 1.48% | 2.32% | 2.16% |
INDEX Index Funds S&P 500 Equal Weight | 1.31% | 1.34% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% | 0.00% |
Drawdowns
OAKIX vs. INDEX - Drawdown Comparison
The maximum OAKIX drawdown since its inception was -67.72%, which is greater than INDEX's maximum drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for OAKIX and INDEX. For additional features, visit the drawdowns tool.
Volatility
OAKIX vs. INDEX - Volatility Comparison
The current volatility for Oakmark International Fund (OAKIX) is 4.69%, while Index Funds S&P 500 Equal Weight (INDEX) has a volatility of 5.08%. This indicates that OAKIX experiences smaller price fluctuations and is considered to be less risky than INDEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.